Is it possible to find someone and how do you find someone to fund the whole project of a flip. HML will loan up to 65-75% but any other suggestions on how to fund the difference?
Investment Info:
Single-family residence private money loan investment in Saint Louis.
Purchase price: $52,800
Sale price: $52,800
Seller financed property with zero down.
What made you inte...
Hello hive mind!I'm writing my first offer (YAY!) I applied for a hard money loan and they got back to me estimating that the rehab would cost 45k more than I had estimated. We are planning on doing a fair amount of w...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $3,750,000
Cash invested: $850,000
Value-add, three property portfolio.
69 units
$3.75M
80% LTC bridge loan...
Hey everyone,Was talking to my agent today and she suggested I consider building vs buying an STR since the market i'm searching in is super tight right now in terms of supply. I was previously planning to purchase an...
Hello BP Fam,I am a fairly new real-estate investor from Bangor, Maine. Past general contracting experience, but have never much with full gut renovations. I am looking at a few foreclosures, as well as a short sale t...
Hello,
I am a fairly new investor in Baltimore MD using a cash buy and hold strategy for residential properties. My business partner/mentor and I basically purchase houses between $10-20 thousand fix them up ourselves...
I was part of a flip this last summer where I supplied some of the funds for purchasing materials. We agreed to do this as a loan at 10% but was a handshake agreement which was paid up. I was working as a contractor/p...
I purchased a 3 bed/2 bath bungalow one year ago for $20K with the intent to flip. The home is located in a part of SC that's hard to find available contractors or help. After a month of searching, I found a unlicens...
Hey everyone, I'm new here. For the record I'm currently 17 years old right now and I'm trying to learn as much as possible about real estate so that when I'm 18, I can start with a plan already set. I've been studyin...